China Scaffold Technology Market Size & Outlook, 2023-2030
China scaffold technology market, 2018-2030 (US$M)
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China scaffold technology market highlights
- The China scaffold technology market generated a revenue of USD 96.6 million in 2023 and is expected to reach USD 259.6 million by 2030.
- The China market is expected to grow at a CAGR of 15.2% from 2024 to 2030.
- In terms of segment, hydrogels was the largest revenue generating type in 2023.
- Nanofiber Based Scaffolds is the most lucrative type segment registering the fastest growth during the forecast period.
Scaffold technology market data book summary
| Market revenue in 2023 | USD 96.6 million |
| Market revenue in 2030 | USD 259.6 million |
| Growth rate | 15.2% (CAGR from 2023 to 2030) |
| Largest segment | Hydrogels |
| Fastest growing segment | Nanofiber Based Scaffolds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Tecan Group AG, Becton Dickinson & Co, Medtronic PLC, Matricelf Ltd, Corning Inc, Avacta Group PLC, Vericel Corp, NuVasive, Allergan, ReproCELL, 3D Biotek, Xanofi, Molecular Matrix, Pelo Biotech, Azenta Life Sciences, Akron Biotechnology |
Other key industry trends
- In terms of revenue, China accounted for 4.9% of the global scaffold technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan scaffold technology market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 259.6 million by 2030.
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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China scaffold technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to scaffold technology market will help companies and investors design strategic landscapes.
Hydrogels was the largest segment with a revenue share of 41.51% in 2023. Horizon Databook has segmented the China scaffold technology market based on hydrogels, polymeric scaffolds, micropatterned surface microplates, nanofiber based scaffolds covering the revenue growth of each sub-segment from 2018 to 2030.
China's scaffold technology market is expected to witness immense growth over the forecast period, due to increasing awareness about public health issues and increasing disposable income. The use of scaffold technology in biomedical research, drug discovery, and regenerative medicine in China is expected to increase over the coming years.
Moreover, the presence of funding bodies such as Tianjin Municipal Science and Technology Commission and Administrative Commission of the Tianjin Economic Technological Development Area can enable increased undertaking of cell-based research projects in this country.
A large number of national and international companies are initiating agreements & partnerships in regenerative medicine, stem cell research, and drug discovery. For instance, in November 2016, China Southeast University Institute of Life Sciences entered into a joint research project with Boehringer Ingelheim to develop a treatment method by regenerating hair cells from inner ear stem cells, for the treatment of hearing loss.
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Our clientele includes a mix of scaffold technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China scaffold technology market , including forecasts for subscribers. This country databook contains high-level insights into China scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China scaffold technology market size, by type, 2018-2030 (US$M)
China Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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